The Effects of the 1930s HOLC “Redlining” Maps

This study uses a boundary design and propensity score methods to the effects of 1930s-era Home Owners Loan Corporation (HOLC) “redlining” maps on long-run trajectories urban neighborhoods. The led reduced home ownership rates, house values, rents increased racial segregation in later decades. A comparison either side city-level population cutoff that determined whether were drawn finds broadly similar conclusions. These results suggest HOLC had meaningful lasting development neighborhoods through credit access subsequent disinvestment. (JEL G21, J15, N32, N42, N92, R23, R31)